Peter Fokas
found out multi-family has UST. What to do?
Offer got accepted and now in the contract state. It was just disclosed that property has an underground storage tank. What would you do?
Maura Paler
Private Mortgage Opportunity - is this a decent rate?
We are looking at our 4th vacation rental property in the Adirondack Mts (upstate NY).Our current bank is offering 4.08% with $7,000 closing costs, no guarantee we will be approved, and it takes 2-3 months to close, w...
Chirag Parikh
Potential flip, first timer, finance conundrum
Hi everyone! I've been shopping around looking at properties, and finally one property I am going to check out and it sounds like there is some seriously significant promise. I believe it is flippable, and is very pos...
Abdenour Achab
Buying Remainder Estate: what to put in the legal description ?
Let's say a property's legal is lot 1 block 2 of Abbottabad addition. And let's say John Doe owns a 1/6 Remainder Estate in the property, and the life estate is owned by my Roth IRA (tied to the life of John Paul and ...
Chris Stromdahl
Annual repair/maintenance cost estimates?
Assuming that I am working with a property management firm, what are you using as an annual repair estimate for budgeting/deal analysis purposes?% or gross rents?$1000 per year?What is your basis for this method?Thank...
Brian Gilstrap
Good First Buy and Hold Deal?
I am a roofing contractor, so I'm often giving estimates on properties that are about to be sold. Today I looked at a rental property in the Greenville area that was badly in need of a roof. The owner currently rents ...
Fernando Roman Romero
Found Info on a vacant house thru FB market place, randomly.
Hi BP Family! I have been on forums for a while now. I haven't really said much just been hanging back and trying to learn but now I am tying to take some action. I would like to share with you all this house that I f...
Kalu Adane
Newbie looking for advice on refinancing and multifamily purchase
Hello, I apologize in advance if this post has been brought up in the forums. I searched and couldn't find a scenario exactly like my own so I thought it couldn't hurt to post.Quick background:My wife to be purchased ...
Niobe Burden Austere
Window estimates on a property under contract
Hello everyone! New investor to the Cleveland, Ohio area. We are under contract on a property in University Heights and the home inspection reported the majority of the windows were fogged and we are trying to get ...
Wade Coons
Assisted Living Investing/Development
Does anybody have any experience in development or acquisition of assisted living facilities? My doctor buddy was talking about it the other day but I’ve never heard of anyone doing this so I was curious to see if it’...